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You are here: Home / Archives for Jewelry

Jewelry Appraisal

January 1, 2019 By Angie Krowicki

WHAT IS JEWELRY APPRAISAL?

A jewelry appraisal is the process of a jewelry professional ( a gemologist appraiser in this case) assessing your jewelry items and allocating a monetary value for insurance purposes. For a diamond item, it will typically include information such as the GIA  4 C’s of the stone (carat weight, cut, color and clarity grades) and the total weight of the entire piece including the metal.

Jewelry appraisals are a great starting point when you are looking to get a value for your jewelry, as it typically details the key characteristics that will help a buyer establish a price. *******Be aware that because jewelry values can fluctuate over time, insurance companies require that you have your jewelry appraised every two to three years. They will never take your word for its value nor the receipt enough proof that your jewelry is indeed valuable.

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A quick list of purposes for a jewelry appraisal :

Insurance Purposes

Tax (Gifting) Purposes

Estate Agreements

Resale

IRS Problems

Property or Legal Distribution

Sherry Yarnal

Filed Under: Jewelry Tagged With: Jewelry

The Importance of Jewelry Appraisals

May 5, 2016 By Angie Krowicki

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The Importance of Having Your Jewelry Insured. Behind every piece of jewelry is a memory… and that memory is worth protecting is it not? When you suffer the damage or loss of your jewelry, the last thing you should worry about is how to repair or replace it.

A current up to date jewelry appraisal and appropriate insurance protection are now more important than ever!
You may have a whole jewelry box full of treasures that you’d hate to lose, but there are some items you should definitely consider insuring more than others. Give special thought to jewelry that is $500-$1,000 or more in value.

Keep in mind that regardless of what the monetary value is, it’s the sentimental value that’s likely going to matter most to you in the end. Also recognize, its very important to keep an eye on your gold and diamond jewelry. With the dramatic price increases experienced even over the past few months, your jewelry could be worth a whole lot more today than it was a year or two ago. We at Yarnal Jewelers can update its value to current retail replacement value to help give you a better idea of what should be insured.

If you’re still unsure, ask yourself this: If your beloved treasures become lost or stolen, would you be able to afford to replace them? If not, Jewelry insurance is a wise choice to consider.

Filed Under: Gems, Jewelry Tagged With: Appraisal, Diamonds, Education, G.I.A., Gemologist, Gold, Jewelry, Jewelry Insurance

National Association of Jewelry Appraisers memberDesign on our Etsy AccountGemological Institute of AmericaRevere Academy of Jewelry Arts EducationCastro Valley / Eden Area Click to View Showcase BCC Badge 2017
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